Instructure (INST) Misses Q4 EPS by 3c
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Instructure Reports Fourth Quarter and Full Year 2016 Financial Results
February 6, 2017 4:05 PM ESTSALT LAKE CITY, Feb. 6, 2017 /PRNewswire/ -- Instructure, Inc. (NYSE: INST), a leading software-as-a-service (SaaS) technology company that makes software that makes people smarter, today announced its financial results for the fourth quarter and full year ended December 31, 2016.
"We ended 2016 with a solid Q4 performance. Revenue grew 45% for the quarter and 51% for the year, on a year-over-year basis. At the same time, we continued to realize substantial improvements to our operating margin," said Josh Coates, CEO at Instructure.... More
